Bipartisan Agreement to Weaken USD Threatens the Currency Market

This post was originally published on this siteEditors note: Our work to achieve dollar realignment, rather than an overvalued dollar, is gaining steam. Wall Street is fearful even though they should be supportive. US policy towards the dollar maybe set to turn as Trump looks for ways to weaken the world’s most important currency. Please … Read moreBipartisan Agreement to Weaken USD Threatens the Currency Market

Peter Navarro: President Trump continues to deliver on his promise to ‘Buy American, Hire American’

This post was originally published on this siteEditors note: Peter Navarro and President Trump continue moving aggressively on Buy American rules in government procurement. Candidate Donald J. Trump promised his administration would follow two simple rules: “Buy American and Hire American.” Monday, during the third annual Made in America Showcase at the White House, President … Read morePeter Navarro: President Trump continues to deliver on his promise to ‘Buy American, Hire American’

Banned Chinese Security Cameras Are Almost Impossible to Remove

This post was originally published on this siteEditor’s note: Removing the potential for Chinese security cameras to spy inside US government offices. (Bloomberg) — U.S. federal agencies have five weeks to rip out Chinese-made surveillance cameras in order to comply with a ban imposed by Congress last year in an effort to thwart the threat of spying from Beijing. … Read moreBanned Chinese Security Cameras Are Almost Impossible to Remove

Brookings Recommends New Focus for SBA’s Small Business Investment Corp Program

This post was originally published on this siteEditor’s note: CPA is advising Chairman Marco Rubio in his capacity as Chairman of the Senate Small Business Committee. An upcoming Small Business Administration reauthorization bill is likely to have substantial pro-America changes. On June 26, 2019, Mark Muro, Senior Fellow, Brookings Institution Metropolitan Policy Program submitted testimony … Read moreBrookings Recommends New Focus for SBA’s Small Business Investment Corp Program

China to reduce tariffs, improve export tax rebate policies

This post was originally published on this siteEditor’s note: China uses many more tools than merely tariffs to gain an advantage. They play to win, not to “level the playing field.” BEIJING (Reuters) – China will stabilize trade by reducing tariffs, improving export tax rebate policies and cutting insurance fees for export companies, state television … Read moreChina to reduce tariffs, improve export tax rebate policies

Dow, S&P 500, Nasdaq Hit All-Time Highs

This post was originally published on this siteEditor’s note: Tariffs are not killing the economy as claimed by the Very Smart People who brought us fake free trade. Tariffs are pro-growth, need to be expanded, and followed by fixing the overvalued, noncompetitive dollar exchange rate. U.S. stocks traded higher on Wednesday ahead of Federal Reserve Chairman Jerome … Read moreDow, S&P 500, Nasdaq Hit All-Time Highs

AMERICA WAS BUILT ON RISK TAKING, NOT ‘CERTAINTY’

This post was originally published on this siteExcerpt: “The next time you hear ‘Business needs certainty,’ remember this is at best a tale signifying nothing and at worst verbal fog meant to conceal a pickpocket at work.” Exclusive: Curtis Ellis looks askance at ubiquitous claim about nature of business Please follow and like us:

Ken Langone: Trump is keeping every campaign promise he made

This post was originally published on this siteEditor’s note: Home Depot founders surprisingly support tariffs and getting tough on China. They also say their business won’t be harmed.  Home Depot co-founders Bernie Marcus and Ken Langone on U.S. trade tensions with China, President Trump’s record so far, their success working together and Marcus’ contributions to … Read moreKen Langone: Trump is keeping every campaign promise he made

Interest Rates Just Keep Falling. Economic Orthodoxy Is Falling With Them.

This post was originally published on this siteEditors note: America is absorbing too much of the global oversupply of capital, driving our dollar higher and worsening our trade deficit. The Trump administration needs to support a market access charge to strategically slow these toxic waste capital inflows.  Investors expect even lower growth and inflation; this … Read moreInterest Rates Just Keep Falling. Economic Orthodoxy Is Falling With Them.

White House’s Peter Navarro on new trade talks between the U.S…

This post was originally published on this siteEditor’s note: Peter Navarro strongly defends the POTUS actions on China, battling with the CNBC hosts. Peter Navarro, assistant to the president and director for the White House Trade and Manufacturing Council, joins “Squawk on the Street” after talks between the U.S. and China at the G-20 Summit. … Read moreWhite House’s Peter Navarro on new trade talks between the U.S…

Rubio calls for legislation to keep Huawei restrictions in place

This post was originally published on this siteEditors note: This legislation should pass. Also the US needs to focus on developing 5G here. Fast. Ridiculous that we don’t have it.  Sen. Marco Rubio (R-Fla.) vowed legislative action on Saturday after President Trump said that he would lift a ban on U.S. companies doing business with Chinese tech giant Huawei. Please … Read moreRubio calls for legislation to keep Huawei restrictions in place

What’s good for Wall Street is often bad for American workers and manufacturing

This post was originally published on this siteEditors note: Robert Scott does an excellent job rebutting a Wall Street guy on exchange rate misalignment. A strong dollar is hurting American workers and main street manufacturers, as I explained last week in the New York Times. I discussed what can be done about it, which builds … Read moreWhat’s good for Wall Street is often bad for American workers and manufacturing

Ericsson to Build Smart Factory in US, Eyes Global Expansion

This post was originally published on this siteEditors note: Another good high tech investment in 5G coming to the US. The administration’s tariffs and sanctions on Huawei are starting to make a difference. Ericsson (ERIC – Free Report) has announced plans of building its first fully automated smart factory in the United States. The Swedish … Read moreEricsson to Build Smart Factory in US, Eyes Global Expansion

Trump hints at 10 percent tariffs on remaining imports from China, action against Vietnam

This post was originally published on this siteEditors note: Purposefully vague comments by the president on the next step towards possible future decoupling.  The U.S. could hit another $300 billion in Chinese goods with 10 percent tariffs – not 25 percent – if the two sides fail to reach a trade deal, President Trump said … Read moreTrump hints at 10 percent tariffs on remaining imports from China, action against Vietnam

Joe Biden Won’t Say If He Backs the Trade Deal He Helped Sell

This post was originally published on this siteEditors note: Any candidate who will not fully repudiate any TPP-like agreement is hiding his/her views, will be “for” those economically destructive agreements and therefore should not be in the oval office. The Atlantic surveyed the Democratic presidential candidates on whether they support the Trans-Pacific Partnership. Only some took … Read moreJoe Biden Won’t Say If He Backs the Trade Deal He Helped Sell

Citing GAO procurement study, Sens. Baldwin, Merkley call to expand ‘Buy America’ laws

This post was originally published on this siteEditor’s note: No one is calling for the elimination of gov’t procurement rules in trade deals, unfortunately. Either b/c they don’t want to or b/c they think its politically unfeasible.  A new report from the Government Accountability Office shows U.S. government procurement contracts are more likely to be … Read moreCiting GAO procurement study, Sens. Baldwin, Merkley call to expand ‘Buy America’ laws

U.S. Set to Delay More China Tariffs Ahead of Trump-Xi Meeting

This post was originally published on this siteEditor’s note. We may be doing this whole tariff delay thing again. Or not. The press has a poor track record of prognostication on trade talks. CPA supports across the board tariffs on China.  The U.S. is willing to suspend the next round of tariffs on an additional … Read moreU.S. Set to Delay More China Tariffs Ahead of Trump-Xi Meeting

Trump wants a weaker US dollar – here’s why

This post was originally published on this siteEditor’s note: Trump is highlighting the dollar misalignment more these days. The fact that he is talking about interest rate difference between the EU and the US means CPA’s education on the issue is working.  President Trump recently pushed back against the European Central Bank, claiming the European … Read moreTrump wants a weaker US dollar – here’s why

Supreme Court denies steel group’s request to consider Section 232 challenge

This post was originally published on this siteEditor’s note: The global steel import lobby has sued to challenge the constitutionality of the administration’s 232 steel tariffs. The suit, in CPA’s view, is unlikely to succeed. The Supreme Court this week declined to hear a case challenging the constitutionality of the Section 232 statute, sending the … Read moreSupreme Court denies steel group’s request to consider Section 232 challenge

U.S. Blacklists More Chinese Tech Companies Over National Security Concerns

This post was originally published on this siteEditors note: Good. WASHINGTON — The Trump administration added five Chinese entities to a United States blacklist on Friday, further restricting China’s access to American technology and stoking already high tensions before a planned meeting between President Trump and President Xi Jinping of China in Japan next week. … Read moreU.S. Blacklists More Chinese Tech Companies Over National Security Concerns

Peter Navarro on China: We either get a great deal or we don’t

This post was originally published on this siteEditors note: Peter Navarro does a great job defending and aggressive trade stance on China. He and Charles Payne, the news host, reference the letter Cpa helped arrange in favor of the tariffs. Peter Navarro, assistant to President Trump, on the Trump administration’s trade negotiations with China. Please … Read morePeter Navarro on China: We either get a great deal or we don’t

China asks state-owned ‘national champions’ to help ‘stabilise’ economy, boost profits by 9 per cent in 2019

This post was originally published on this siteEditor’s note: In case anyone thought China was a free market, note that they are ordering their national champions to boost monopoly profits. They have economic management tools that we have never thought about. China’s biggest 97 industrial conglomerates, known as the country’s national champions, have been asked to … Read moreChina asks state-owned ‘national champions’ to help ‘stabilise’ economy, boost profits by 9 per cent in 2019

Romney Pushes to Stop Trump From Using Huawei to Get Trade Deal

This post was originally published on this siteEditor’s note: Romney is presenting himself as a China hawk. Senator Mitt Romney is trying to prevent President Donald Trump from doing what many in Congress fear he plans to: Going easy on Huawei Technologies Co. as part of a trade deal with Beijing. Please follow and like … Read moreRomney Pushes to Stop Trump From Using Huawei to Get Trade Deal

ELLIS: BIG BUSINESS IS THROWING A PITY PARTY OVER TRUMP’S TARIFFS

This post was originally published on this siteEditor’s note: Hundreds of America’s biggest companies are fighting hard to keep buying cheap stuff from China rather than rebuild America’s industrial base.  The administration continues to move forward with imposing 25 percent tariffs on China. Please follow and like us:

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

This post was originally published on this siteEditor’s note: Sanctions and tariffs work. HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year. Please follow and like us:

Samsung’s last China smartphone factory closing, raising questions about China’s role in global value chains

This post was originally published on this siteEditors note: The US is decoupling from China. The rest of the world is beginning to follow. In its heyday, Samsung’s complex in Huizhou in the northern part of the Pearl River Delta was the South Korean company’s largest Chinese factory, producing one in five smartphones sold in … Read moreSamsung’s last China smartphone factory closing, raising questions about China’s role in global value chains

Maximizing job-creation bang-for-buck by reducing import leakages

This post was originally published on this siteEditor’s note: This important report shows how a strong Buy America program combined with infrastructure spending can boost our economic strategy and minimize leaking taxpayer money to fund growth in other countries rather than here.  How many more jobs would be supported by infrastructure investments if import shares … Read moreMaximizing job-creation bang-for-buck by reducing import leakages

Businesses showing discontent with Trump’s trade policies

This post was originally published on this siteEditor’s note: Helpful hint: do not listen to Jamie Dimon of JP Morgan Chase on advice about the real economy in the US. WASHINGTON (AP) — President Donald Trump’s aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force … Read moreBusinesses showing discontent with Trump’s trade policies

U.S. singles out supply management in Canada’s WTO trade review

This post was originally published on this siteEditor’s note: The Big Ag globalists still control ag trade policy in this administration. Just has China has an industrial strategy and we should get one too, Canada has an agro-industry strategy and we should get one too. Canada’s program actually works pretty well for their farmers. When they’ve … Read moreU.S. singles out supply management in Canada’s WTO trade review

Larry Kudlow says the US economy will maintain 3% pace even without a China trade deal

This post was originally published on this siteEditor’s note: Interesting transition of the public debate from (1) “tariff armageddon will crash the economy” to (2) “oh my, China is indeed a bad actor, the pain may be worth it” to (3) “maybe there is not much pain, and a lot more gain right now” Larry Kudlow, … Read moreLarry Kudlow says the US economy will maintain 3% pace even without a China trade deal

Grassley forging ahead with bill to rein in Trump’s tariff powers

This post was originally published on this siteEditor’s note: Sen. Grassley supported every trade agreement, China’s entry into the WTO, and every Fast Track bill that gave trade negotiating power to the executive branch. Now that we have a nascent pro-US trade strategy being developed in the administration, Grassley is trying to hamstring it. Senate … Read moreGrassley forging ahead with bill to rein in Trump’s tariff powers

China’s infiltration of U.S. capital markets is a national security concern

This post was originally published on this siteEditor’s note: CCP influenced entities use US consumer market as a piggy bank to fund their growth. But also our equities markets. Part of the United States’ awakening to the complex challenges posed by a rising China is the realization that America’s economic vulnerabilities are also national security vulnerabilities. … Read moreChina’s infiltration of U.S. capital markets is a national security concern

Pelosi Statement on Hong Kong Protests and Extradition Bill

This post was originally published on this siteEditor’s note: Trade restrictions against China are now solidly bipartisan. Speaker Pelosi’s statement shows rare bipartisan unity by supporting legislation that ends the Hong Kong exemption from those restrictions.  Washington, D.C. – Speaker Nancy Pelosi issued this statement in support of the courageous protestors in Hong Kong speaking … Read morePelosi Statement on Hong Kong Protests and Extradition Bill

Sen. Rick Scott: China’s growing influence in Latin America is a threat to our way of life

This post was originally published on this siteEditor’s note: Senator Scott joins the growing ranks of those that support the trend towards China decoupling. Last month I traveled to Panama, Colombia and Argentina. The purpose of my trip was to get an update on the fight for freedom and liberty in Venezuela, to highlight the … Read moreSen. Rick Scott: China’s growing influence in Latin America is a threat to our way of life

Trump is Right: Tariffs Are Not Raising Consumer Prices

This post was originally published on this siteEditor’s note: Former WSJ reporter John Carney shows why the “tariffs are taxes on consumers” line is false. Donald Trump’s declaration that tariffs on $200 billion of Chinese goods would jump to 25 percent in May gave rise to a firestorm of claims that the import taxes hurt … Read moreTrump is Right: Tariffs Are Not Raising Consumer Prices